MyCorporation – Just another WordPress site

06 Oct

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WHAT IS “TAX AUDIT” AND WHY IT IS REQUIRED

When an inspection takes place in an organization related to its accounts and reports is called TAX AUDIT. In general terms, TAX AUDIT is the way to examine or...

03 Oct

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WHY IS DIR 3 eKYC REQUIRED

In India, the Ministry of Corporate Affairs (MCA) regulates corporate affairs through the Companies Act, 1956. In connection with that, the MCA notified that they would be conducting KYC...

28 Sep

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PRIVATE LIMITED COMPANY MANDATORY COMPLIANCES

PRIVATE LIMITED COMPANY is a separate legal and kind of independently and privately held small business entity. In this type of business entity, it limits the owner’s liability to...

25 Sep

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LIMITED LIABILITY PARTNERSHIP (LLP) MANDATORY COMPLIANCES

LIMITED LIABILITY PARTNERSHIP OR LLP is the combination of a Company and partnership firm. As the name suggest, under LLP the liability of partners tends to be limited in...

22 Sep

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Why is TDS deducted, how is responsible to deduct TDS and why

TDS – “TAX DEDUCTED AT SOURCE” TDS – Tax Deducted at Source generally means a tool to collect tax and is applicable on various incomes such as salaries, interests,...

19 Sep

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INCOME COMPUTATION AND DISCLOSURE STANDARDS

ICDS (Income Computation and Disclosure Standards) were issued by the Government of India under Section 145 (2) of The Income Tax Act, 1961. As there was certain tax related...

14 Sep

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“COPYRIGHT REGISTRATION” {THE SAFETY OF YOUR CREATION}

Suppose!! You have been putting so many years in creating a unique topic for writing a novel. And finally your novel started getting praises that you dreamt of and...

10 Sep

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“STARTUP INDIA” (A PLATFORM WITH HELPING HANDS TO SHOWCASE YOUR INNOVATIVE IDEAS)

Would you refuse it if someone offers you a helping hand to start a new venture? Of Course Not!! Why?? Because it can turn your life around overnight and...

18 Aug

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LIMITED LIABILITY PARTNERSHIP VS PRIVATE LIMITED COMPANY VS ONE PERSON COMPANY

CONFUSION!! Yes, this word always stays with us whenever we need to start something new. Here we are talking about business ventures. Our thoughts of opening a new business...

13 Aug

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ISO CERTIFICATOIN – “A SEAL OF CREDIBILITY”

EVER NOTICED!! Whenever you open a specific website or seek a particular visiting card, (mostly) a common term “ISO 9001:2008”, “ISO 9000:2005”, “ISO 9001:2015”, “ISO 14001:2015” (certified company) always...